Magellan Aerospace to manufacture Airbus A320 complex structural wing ribs
Ontario-based aerospace firm to open 5-axis machine facility to handle new A320 contract.
Magellan Aerospace announced that it has reached an agreement with Airbus S.A.S. to manufacture and supply complex, 5-axis machined wing ribs for Airbus’ single aisle A320 product family including the A320neo, in addition to its existing A320 wing ribs work package.
The agreement is expected to generate approximately $US20 million over the next five years. As part of its commitment, Magellan will invest in a new high-speed, 5-axis machining centre to be located in its facility in Greyabbey, Northern Ireland.
Mr Jim Butyniec, president and CEO of Magellan stated that securing this package continues Magellan’s drive to focus on core products at all its facilities.